Risk factor
Strong & resilient to price shocks
Profitability factor
Strong margins and returns
About
Supreme Petrochem Limited, established in Mumbai, India, in 1989, is a prominent manufacturer and global distributor of a diverse range of petrochemical products. The company's extensive portfolio includes various grades of polystyrene, such as general purpose, high-impact, and expandable types, as well as standalone expandable polystyrene. They also specialize in advanced specialty polymers and compounds. Among their offerings is styrene methyl methacrylate (SMMA), widely used for household items, molding, sheet extrusion, and extrusion profiles. Another key product line comprises extruded polystyrene foam boards (XPS), including their proprietary XPS INSUboard. Furthermore, Supreme Petrochem provides a comprehensive selection of masterbatches and compounds—encompassing white, black, color, additive, and performance-enhancing/nucleating varieties—derived from styrenics and other polymer bases. Demonstrating a significant international footprint, the company exports its products to approximately 100 countries worldwide.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. Specifically, the stock is fairly valued on P/E, overvalued on EV/EBITD
Target Price
The average target price of SPLPETRO.NS is 771 and suggests 0.932% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recomm